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The unit, Country Garden Services 6098.HK, said the impairment was primarily because the expansion of its sanitation business had not been carried out as was scheduled and expected in the past years, leading to a drop in both sales and profit.The long payment period of some customers of the sanitation business had also resulted in some \"unsatisfactory\" cash flows, Country Garden Services said in an exchange filing. It does not expect the charges to affect the normal operations of the firm, the company said, adding it had enough working capital and a stable business operation. The company expects to report its fiscal 2024 results in ","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250113:nL4N3O91BQ:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["02007","06098"],"gpt_icon":0},{"id":"2503586362","title":"BRIEF-Country Garden Services Announces Asset Impairment For FY","url":"https://stock-news.laohu8.com/highlight/detail?id=2503586362","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2503586362?lang=en_us&edition=fundamental","pubTime":"2025-01-13 23:06","pubTimestamp":1736780798,"startTime":"0","endTime":"0","summary":"BRIEF-Country Garden Services Announces Asset Impairment For FYJan 13 (Reuters) - Country Garden Services Holdings Co Ltd 6098.HK:INSIDE INFORMATION ASSET IMPAIRMENTIMPAIRMENT PROVISIONS FROM RMB800 M","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250113:nFWN3O90RB:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK1258","BK1542","06098","BK1229","BK1589"],"gpt_icon":0},{"id":"2503831465","title":"Country Garden Services expects over $100 mln decline in annual profit","url":"https://stock-news.laohu8.com/highlight/detail?id=2503831465","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2503831465?lang=en_us&edition=fundamental","pubTime":"2025-01-13 22:47","pubTimestamp":1736779626,"startTime":"0","endTime":"0","summary":"Country Garden Services expects over $100 mln decline in annual profitJan 13  - Country Garden Services 6098.HK , the property services arm of Chinese property developer Country Garden 2007.HK on Monday forecast its annual profit to decrease by 800 million yuan   to RMB1.10 billion yuan for fiscal 2024.  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million shares, representing about 10% of its total issued shares, in the secondary market.The repurchased shares will either be canceled or kept in treasury for the group's share award scheme, according to a Monday filing with the Hong Kong Exchange.In a separate Monday disclosure, the property manager said it adopted a new share award scheme to incentivize core talents and reward selected participants for their contributions to the company.The maximum number of shares for awarding will not exceed 109 million.The stock closed 6% higher on 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Tuesday, with the Hong Kong-listed property management company recording its biggest single-day gain since October 2nd.The stock's rally came after CG SERVICES announced plans to repurchase up to 334.3 million shares, or 10% of its outstanding shares, through an on-market share buyback program. The company stated that the buyback aims to demonstrate confidence in its long-term business prospects and improve returns for shareholders.S","market":"hk","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":"","theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":"Stock Track | CG SERVICES Soars 9.94% in Intraday Trading on Share Buyback Announcement","news_tag":"movement","news_rank":0,"length":0,"strategy_id":0,"source":"ai_movement_en","symbols":["06098"],"gpt_icon":0},{"id":"2484539069","title":"BUZZ-Country Garden Services jumps most in 7 weeks on share buyback plan","url":"https://stock-news.laohu8.com/highlight/detail?id=2484539069","media":"Reuters","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2484539069?lang=en_us&edition=fundamental","pubTime":"2024-11-19 09:52","pubTimestamp":1731981155,"startTime":"0","endTime":"0","summary":"** Shares of Country Garden Services Holdings    jump 10.1% to HK$5.87, on track for biggest one-day pct gain since Oct. 2   ** Chinese property management group says it plans to repurchase up to 334.3 mln shares, or 10% of the issued shares, in the open market in a deal to be settled with available cash reserve   ** Co, which has a market value of $2.46 bln, says the repurchase is to demonstrate its confidence in the firm's long-term business prospects and to improve shareholders' returns     ** The Hang Seng Mainland Properties Index    climbs 1.1%, index tracking properties and construction stocks  gains 0.9%, and the Hang Seng Seng Index    adds 0.7%   ** Stock down 11% YTD    ","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"shareholding","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK1229","BK1542","BK1589","BK1258","06098"],"gpt_icon":0},{"id":"2484129679","title":"BRIEF-Country Garden Services Intends To Conduct On-Market Share Repurchase","url":"https://stock-news.laohu8.com/highlight/detail?id=2484129679","media":"Reuters","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2484129679?lang=en_us&edition=fundamental","pubTime":"2024-11-18 22:56","pubTimestamp":1731941814,"startTime":"0","endTime":"0","summary":"BRIEF-Country Garden Services Intends To Conduct On-Market Share RepurchaseNov 18  - Country Garden Services Holdings Co Ltd 6098.HK:INTENTION TO CONDUCT ON-MARKET SHARE REPURCHASEINTENDS TO REPURCHASE NOT MORE THAN 334.3 MILLION SHARES OF COFurther company coverage: 6098.HK ","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20241118:nFWN3MP1BK:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"shareholding","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["06098","BK1542","BK1258","BK1589","BK1229"],"gpt_icon":0},{"id":"2484791916","title":"Country Garden Services - Intention to Conduct on-Market Share Repurchase","url":"https://stock-news.laohu8.com/highlight/detail?id=2484791916","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2484791916?lang=en_us&edition=fundamental","pubTime":"2024-11-18 22:55","pubTimestamp":1731941719,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20241118:nFWN3MP1BK:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["BK1258","BK1542","06098","BK1229","BK1589"],"gpt_icon":0},{"id":"2484567919","title":"Country Garden Services -  Intends to Repurchase Not More Than 334.3 Mln Shares of Co","url":"https://stock-news.laohu8.com/highlight/detail?id=2484567919","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2484567919?lang=en_us&edition=fundamental","pubTime":"2024-11-18 22:55","pubTimestamp":1731941719,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20241118:nFWN3MP1BK:2","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["06098","BK1229","BK1542","BK1589","BK1258"],"gpt_icon":0}],"pageSize":16,"totalPage":3,"pageCount":1,"totalSize":38}]}}